Robert Herjavec Highlights the Importance of a Federal Data Privacy Law after the Facebook Data Breach
April 16, 2018
Following the discovery that the private data of 87 million Facebook users was accessed by data mining company, Cambridge Analytica, Facebook CEO Mark Zuckerberg testified in front of Congress, discussing everything from data privacy to Facebook’s business model.
This event has spurred significant conversations about data security, privacy and how aggressively corporations need to protect and control consumer data. Herjavec Group Founder & CEO Robert Herjavec has been vocal about his views on the need for a US federal data regulation, similar to the EU’s General Data Protection Regulation (GDPR).
He recently spoke to CNBC’s On The Money covering topics including:
- How the potential data privacy law would mimic the EU’s General Data Protection Regulation (GDPR)
- The impacts of governmental regulations on innovation
- Whether companies should pay a penalty for not providing adequate protection for consumer data protection
Robert also spoke to Forbes and CNBC’s Squawk Alley to share his perspective on data privacy.
Check out the full interviews here: